Indian Oil, BPCL, HPCL shares fall up to 6% amid Middle East war

Shares of oil marketing companies, including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), dipped up to 6% on Monday amid the war in Middle East. IOC shares fell up to 5.03%, BPCL up to 6.09%, and HPCL as much as 5.31%. Meanwhile, shares of oil producers like ONGC and OIL India jumped.